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Question
Answer the following question.
Distinguish between 'secondary' and 'tertiary' sectors.
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Solution
The secondary sector of the economy manufactures finished goods. All of the manufacturing, processing, and construction lies within the secondary sector. Activities associated with the secondary sector include metalworking and smelting, automobile production, textile production, chemical and engineering industries, aerospace manufacturing, energy utilities, engineering, breweries and bottlers, construction, and shipbuilding.
The tertiary sector of the economy is the service industry. This sector provides services to the general population and to businesses. Activities associated with this sector include retail and wholesale sales, transportation and distribution, entertainment (movies, television, radio, music, theater, etc.), restaurants, clerical services, media, tourism, insurance, banking, healthcare, and law.
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RELATED QUESTIONS
The activities in primary, secondary and tertiary sectors are _________. (independent / interdependent)
In terms of GDP, the share of tertiary sector in 2013-14 is between ______ per cent.
Match the following:
|
Problems faced by farming sector |
Some possible measures |
||
|
1. |
Unirrigated land |
(a) |
Setting up agro-based mills |
|
2. |
Low prices for crops |
(b) |
Cooperative marketing societies |
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3. |
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|
4. |
No job in the offseason |
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Construction of canals by the government |
|
5. |
Compelled to sell their grains to the local traders soon after harvest |
(e) |
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Compare Tables “A” & “B” and answer the question given below.
| Table- A | |||
| Share of Sectors in GDP in % | |||
| Year | Tertiary | Secondary | Primary |
| 1973-74 | 50 | 10 | 40 |
| 2013-14 | 68 | 21 | 11 |
| Table- B | |||
| Share of Sectors in employment in % | |||
| Year | Tertiary | Secondary | Primary |
| 1977-78 | 18 | 11 | 71 |
| 2017-18 | 31 | 25 | 44 |
A remarkable fact about India is that while there has been a change in the share of the three sectors in GDP, a similar shift has not taken place in employment. Why didn’t a similar shift out of primary sector happen in case of employment? Substantiate your answer.
